WCU 0.00% 23.5¢ white canyon uranium limited

uranium price

  1. 262 Posts.
    The current spot price for Uranium is about US$50 / pound.

    How much can the price rise before it has any significant effect on the end user price of energy?

    1 pound of U produces 1.8x10^5 kWH in a modern power plant.
    So, each US$100/pound increase in the price of uranium implies an increase in the price per kWH of 0.055 cents.


    A $1000 increase in the price of U means an energy cost increase of 0.55cents/kWH.

    We pay about 15c/kWH for power in Australia.

    So, when demand truly outstrips supply, which by all accounts it is going to shortly, the price should rocket.
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